Russia’s oil export volume up, revenue down in Jan-Aug

- Russia’s oil export volume increases by 2.4% to 173.4 million tonnes in Jan-Aug compared to same period last year

Russia’s oil export volume increased by 2.4% to 173.4 million tonnes from January to August compared to the same period last year according to the Russian Federal Customs Service on Tuesday.

However, oil export revenues for the January-August period decreased by 3.2% to $79.9 billion mainly due to the fall in oil prices over this period.

Russia’s coal export revenue increased by 3.7% to $10.9 billion and the volume of coal also rose by 5.8% to 134.4 million tonnes.

Reporting by E. Gurkan Abay

Writing by Talha Yavuz

Anadolu Agency

energy@aa.com.tr